Project detail - GENERACION RENOVABLE DE HONDURAS S.

GENERACION RENOVABLE DE HONDURAS S.

Status: Approved investment
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In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

GeneraciĆ³n Renovable de Honduras, S.A. de C.V. (GENERSA) is an Honduran company that is developing, constructing and later operating a 25MW PV solar power project in Honduras.

What is our funding objective?

FMO provides long-term finance to this solar power project and is MLA for all debt providers.

Why do we fund this investment?

The project will generate much needed green energy to be distributed via the national grid to people's homes and businesses.

Website customer/investment
https://corporaciongrupoterra.com/es/terra-energia/
Region
Latin America & The Caribbean
Country
Honduras
Sector
Energy
Effective date
12/1/2016
Total FMO financing
USD 16.00 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
B+